Offshore investment

Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are a commonly accepted means of reducing the taxes levied in most countries to both large and small-scale investors alike. Poorly regulated offshore domiciles have served historically as havens for tax evasion, money laundering, or to conceal or protect illegally acquired money from law enforcement in the investor's country. However, the modern, well-regulated offshore centres allow legitimate investors to take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to offshore investment is that such operations are both legal and less costly than those offered in the investor's country - or "onshore". Locations favored by investors for low rates of tax are known as offshore financial centers or (sometimes) tax havens.

Offshore centers are widely used and are accessible to anyone who can meet the minimum investment amount or pay the obligatory fees required to open such an entity. Investopedia indicates that, "More than half of the world's assets and investments are held in offshore jurisdictions and many well-recognized companies have investment opportunities in offshore locales."

Offshore investment

Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are a commonly accepted means of reducing the taxes levied in most countries to both large and small-scale investors alike. Poorly regulated offshore domiciles have served historically as havens for tax evasion, money laundering, or to conceal or protect illegally acquired money from law enforcement in the investor's country. However, the modern, well-regulated offshore centres allow legitimate investors to take advantage of higher rates of return or lower rates of tax on that return offered by operating via such domiciles. The advantage to offshore investment is that such operations are both legal and less costly than those offered in the investor's country - or "onshore". Locations favored by investors for low rates of tax are known as offshore financial centers or (sometimes) tax havens.

Offshore centers are widely used and are accessible to anyone who can meet the minimum investment amount or pay the obligatory fees required to open such an entity. Investopedia indicates that, "More than half of the world's assets and investments are held in offshore jurisdictions and many well-recognized companies have investment opportunities in offshore locales."

French oil major Total said on Wednesday it will acquire a 51% stake in SSE's Seagreen 1 Britishoffshore wind farm project, adding it represented a global investment of around 3.7 billion dollars ... ....

While exact figures are not available from Chinese agencies, best estimates by the World Bank are that through 2018 Beijing has made a total of $ 575 billion in commitments for overseas investment in BRIprojects... has invested some $16 billion in projects in the Nigerian oil and gas industry....

“Investments in projects such as building renovation, offshore wind, electric vehicles, environmental improvements and low carbon industrial clusters have the potential to bring investment and job creation across multiple regions of the UK."....

However, the organisation argues that at least one port will need to invest between €50 million and €100 million to allow the country to fully cash in on the benefits that the offshore electricity industry could bring ... Existing projects proposed for the Irish Sea will need at least €6 billion in investment....

Foshan, located 20 kilometers southwest of Guangzhou, would integrate into the global high-end manufacturing supply chain through further improvements in its investment and business climate to attract both domestic and offshoreinvestment and projects, said Zhu, who is also a deputy to the 13th National People's Congress....

US growth is largely due to a short-term extension of a production tax credit for wind projects and plans to invest $57bn to install up to 30GW of offshore wind by 2030, the report said ...Despite delays to some projects due to logistic issues amid the coronavirus pandemic, the ......

growth was largely due to a short-term extension of a production tax credit for wind projects and plans to invest $57 billion to install up to 30 gigawatts (GW) of offshore wind by 2030, the report said ...Despite delays to some projects due to logistic issues amid the coronavirus ......